ITS home market may be embroiled in a debt crisis but that has not stopped a Greek company investing in Oxfordshire.

Kleemann, one of Europe’s largest lift manufacturers, has spent £160,000 on its first UK office near Bicester.

Kleemann saw its global sales grow by more than 60 per cent last year to £73.5m with the UK representing £4.4m of that – a figure which international sales commercial manager George Moschovakis is confident will grow thanks to the new offices, warehouse and showroom in Charbridge Lane, Launton.

Mr Moschovakis said: “We chose Oxfordshire because of its central position. We are strong in the north and growing stronger in the south.”